Evaluation of the effects of time-of-use pricing for private households based on measured load data

Title data

Hinterstocker, Michael ; Schott, Paul ; von Roon, Serafin:
Evaluation of the effects of time-of-use pricing for private households based on measured load data.
In: 2017 14th International Conference on the European Energy Market (EEM). - Piscataway, NJ : IEEE , 2017
ISBN 978-1-5090-5499-2
DOI: https://doi.org/10.1109/EEM.2017.7981923

Official URL:

Abstract in another language

Based on measured load data in high temporal resolution, the time-dependent load shifting potential of residential electricity customers can be assessed. This enables
the simulation of their reaction to different variable retail electricity rates, and consequently the evaluation of the suitability of these rate structures for various applications. The focus is on time-of-use rates with two price levels, which incentivize load shifting from high to low prices. The results show that this kind of rate structure is not the optimal choice for the examined applications; therefore, it is recommended to include additional rate elements like demand charges or peak
pricing. However, the high computational effort suggests the development of a new rate optimization strategy for the
introduction of additional parameters.

Further data

Item Type:	Article in a book
Refereed:	No
Keywords:	demand-side management; electricity pricing; time-of-use pricing
Institutions of the University:	Research Institutions Research Institutions > Research Centres > Forschungszentrum für Modellbildung und Simulation (MODUS) Research Institutions > Research Centres
Result of work at the UBT:	No
DDC Subjects:	000 Computer Science, information, general works > 004 Computer science 300 Social sciences > 330 Economics
Date Deposited:	29 Aug 2018 10:25
Last Modified:	31 Aug 2018 10:02
URI:	https://eref.uni-bayreuth.de/id/eprint/45632